On 10 January 2017, UK police arrested Peter Singh Virdee, a British businessman, in Heathrow airport. Virdee faced extradition to Germany accused of fraud and €125 million in unpaid VAT on sales of carbon credits.

REDDisms:

“We can only control leakage in a jurisdiction, but not in a company, because if we stop a company from deforesting in Indonesia and that the company goes to Africa, it’s outside my control. We have to agree with the funder that this is my limit of responsibility. But if I tell them I’m going to only ‘sell’ offsets from Kalimantan, then they can say, ‘If there is leakage in East Kalimantan, then this will be on the bill.’ That’s how I see how we will be able to control leakage. But if you start nest by nest, then the leakage will be uncontrollable. Then you’ve made use of formula and this and that, but it’s not curing the reality.”